SUN COMMERCIAL SERVICE
ANSWERS TO INQUIRIES Anxious, Devonport: No, you were correct, the company has not paid a dividend since 1923. G.L.C., Christchurch: Five shillings forwarded to Whitcomb and Tombs, of this city, with a request for a recent publication, “Angora Wool Rabbits for Profit in Australia and New Zealand,” should give you all the information you require. Orakei, Remuera: On the present market the shares are considered good buying. Profits to date have not justified a larger dividend, however. You must realise the Wellington venture is only of very recent date and no balance sheet has yet been published to show the position of that concern. In any case, the Wellington concern is merely a subsidiary company with an authorised capital of £50,000, in which the Auckland firm holds the controlling interest. There certainly have been rumours such as you mentioned, and, to a certain extent, they may be justified, but what of it? The company appears well managed. A.H.C., Parnell: Would recommend that you write direct to the secretary of the company.
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Bibliographic details
Sun (Auckland), Volume II, Issue 382, 16 June 1928, Page 12
Word Count
174SUN COMMERCIAL SERVICE Sun (Auckland), Volume II, Issue 382, 16 June 1928, Page 12
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